Intermediate Macroeconomics

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Intermediate Macroeconomics

• 110B
• Spring 2007

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TAs contact info and OH

• Michael Bauer
• mbauer_at_ucsd.edu
• OH Tuesdays 130-330, SH 235

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My contact info and OH

• Nathalie Bolh
• OH Mon.Wed. 1245-145 in ECON 112
• Class Webpage on WebCT
• Personal Webpage
• http//www.econ.ucsd.edu/nbolh
• Please email the TA. Email me directly only in
  case of emergency (ex you miss a test because
  you are sick) at nbolh_at_ucsd.edu

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Course description

• Course material Macroeconomics by O.Blanchard
  (4th edition) Chapters 14 to 27
• Chapters 14 to 17 focus on the role of
  expectations in the short and medium run.
  Expectations play a major role in economic
  decisions and , by implication, a major role in
  the determination of output.
• Chapters 18 to 21 focus on the implications of
  the openness of modern economies. Chapter 21,
  focuses on the implications of different exchange
  rate regimes.
• Chapters 22 and 23 focus on pathologies Chapters
  22 looks at depressions and slumps and chapter 23
  looks at episodes of hyperinflation.

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Course Description

• Chapters 24 to 26 return to macroeconomic policy.
  Chapter 24 looks at the role and the limits of
  macroeconomic policy in general. Chapter 25 and
  26 review monetary and fiscal policy. Much of
  chapter 25 is devoted to recent developments in
  monetary policy from inflation targeting to
  interest rate rules.
• Chapter 27 puts macroeconomics in historical
  perspective, showing the evolution of
  macroeconomics over the last 60 years and
  discussing current directions of research.

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LECTURES

• Focus on what is the most important in each
  chapter.
• Insist on some topics with additional material,
  examples and questions not included in the
  textbook or lecture slides.
• Slides Outline for each lecture. They do not
  include lecture notes or solutions to problems
  studied in class.
• The exams are based on the lectures and the
  homework.

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WEBCT

• It includes
• -announcements
• -lectures outline
• -homework problems (they are corrected in the
  sections)
• -study material for tests
• -optional reading
• You log on http//webct6web.ucsd.edu
• Use the same username and password as for your
  UCSD email.

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Optimal Training

• Attendance and focus during lectures and
  sections.
• Taking notes during lectures to comple-
• ment lecture outlines.
• Homework (sections problems and study material)
• Reading the book. Asking questions, trying to
  answer questions. Redrawing graphs to memorize
  them.

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Exams

• Generally consist in questions and problems. No
  calculator, no notes.
• Midterm 1 Weight 25.
• Midterm 2 Weight 25
• Final Exam Weight 50
• There is no additional time for late students.
  Once a student has finished a test and left the
  classroom, no late student can start the test.
• If a student leaves the classroom during the
  exam, he cannot come back to finish the test.
• Cheating reported to the Dean.
• Copies are generally corrected and returned one
  week after the exam in class. After they are
  available in my office. Grades are posted on
  WebCT, they are not given by email.

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Course and Exam Schedule

• Week 1 Syllabus Chap 14
• Week 2 Chap 14-15
• Week 3 Chap 15-16
• Week 4 Chap 16-17
• Week 5 Wednesday Midterm 1 (Chap 14-17 included)
  
• Chapter 18-19
• Week 6 Chapter 19-20
• Week 7 Chapter 20-21

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Course and Exam Schedule

• Week 8 Chap 21-22
• Week 9 Wednesday Midterm 2 (Chap 18-21 included)
  
• Chap 23-24
• Week 10 Chap 25-26
• Final Exam schedule https//tritonlink.ucsd.edu/

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Re-grading Policy

• Re-grading is exceptional. If the copy is written
  with a pencil, no re-grading possible.
• Procedure Ask the TA for re-grading first. If
  you disagree with the TA, contact the instructor
  with a written note explaining your request and
  the reason for disagreement with the TA and join
  the note to your copy. The instructor will
  re-grade considering the entire copy.
• Deadline to re-grade the first midterm 2nd
  midterm.
• Deadline to re-grade the second midterm final
  exam.
• Deadline to re-grade the final exam one month
  after the beginning of the following quarter.

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Missed Exams

• There are no make-up exams.
• If an exam is missed without a university
  accepted excuse grade of zero for the missed
  exam.
• Excuses for missed exams must be pre-approved by
  the instructor. Students who make contact after
  the exam will have to document why they could not
  make contact prior to the exam. In addition, any
  student who misses an exam due to physical
  illness will be required to provide
  documentation from a licensed physician
  indicating that the student was physically unable
  to take the exam. All documentation and an
  additional signed written statement explaining
  the relevant circumstances of the absence must be
  provided to the instructor within 2 working days
  of the students return to the campus. Failure to
  comply to one of the above in the specified
  manner will result in a grade of zero for the
  exam.